Asia Insurance Building 1.84

4 star(s) from 4 votes
No 2 Finlayson Green Marina Bay Singapore
Singapore,
Singapore

About Asia Insurance Building

Asia Insurance Building Asia Insurance Building is a well known place listed as Residence in Singapore , Landmark in Singapore ,

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The former Asia Insurance Building is a high-rise building formerly for commercial use, located on Finlayson Green near Raffles Place, in Singapore's Downtown Core. The Asia Insurance Building was also known as the A.I. Building, but was renamed to Ascott Raffles Place after the Ascott Group (a division of CapitaLand) completed its redevelopment of the building into a serviced apartment residence in November 2008.HistoryEarly historyPrior to the construction of the Asia Insurance Building, the site was occupied by the Union Insurance of Canton. The company moved to its own building on Collyer Quay in 1924. After the relocation, the site was then occupied by the South British Insurance Company before the building was demolished to make way for the current Asia Insurance Building.Completed in 1954, the foundation stone for the Asia Insurance Building was laid by Commissioner-General Malcolm MacDonald on 19 June 1953. It was officially opened on 10 December 1955. With 20 storeys and at 87 metres tall, the Asia Insurance Building was the tallest building in Southeast Asia upon its completion in 1954. In Singapore, it was the first structure to exceed the Cathay Building's claim for the tallest building in the 1950s. However, with the development of the central business district where the building is sited, the Asia Insurance Building has since been dwarfed by the surrounding skyscrapers.